Marquee/scrolling text with Unity 4.6 UI

Alright @TimNick151297, so, this isn't award winning™ scripting by anybody's standard, but I ran into this situation recently, and this is what I did:

 using UnityEngine;
 using System.Collections;
 using UnityEngine.UI;
 
 public class HorizontalScroll : MonoBehaviour
 {
     public ScrollRect myScrollRect;
     public float speed;
     public float refreshdelay;
 
     void Update()
     {
     if (myScrollRect.horizontalNormalizedPosition < 1)
     {
         myScrollRect.horizontalNormalizedPosition = myScrollRect.horizontalNormalizedPosition + speed;
     }
         if (myScrollRect.horizontalNormalizedPosition > 1)
         {
             StartCoroutine(refresh());
         }
     }
     IEnumerator refresh()
     {
         yield return new WaitForSeconds(refreshdelay);
         myScrollRect.horizontalNormalizedPosition = 0.0f;
         StopAllCoroutines();
     }
 }

Variables are: Speed - something around 0.005 Refreshdelay - in seconds, I used 2

Other requirements: Scroll Rect, throw away scrollbars. Put a 'Text' on the content, and make sure it's showing up properly with the viewport set to be the proper viewing area in the scrollview, and the content expanding to the right.

Put a Content Size Fitter on the text, set to preferred size on the horizontal axis.

Hopefully this can help anyone else in this situation as well, and maybe somebody can come up with something more bulletproof.

Hello Anyone who is struggling with marquee text issue can follow the following code

 public string message;
 public float scrollSpeed = 10;

 public RectTransform panelItem;
 public Text textItem;

 float panelItemWidth;

 void Start()
 {
     panelItemWidth = panelItem.rect.width;
     textItem.text = message;
 }

 void OnGUI()
 {
     textItem.transform.position -= new Vector3((Time.deltaTime * scrollSpeed), 0, 0);
     if (textItem.gameObject.GetComponent<RectTransform>().transform.localPosition.x <= -(textItem.gameObject.GetComponent<Text>().preferredWidth) )
     {
         textItem.transform.localPosition = new Vector3(panelItemWidth, 0, 0);
     }
 }

Here I have used a parent UI Panel which is holding the text component (UI Text) for marquee. I also use a Rect Mask 2D in UI Panel and for the UI Text I set Horizontal Overflow to Overflow as to make it workable. Hope this will help other. Thanks